Everything in our modern western society is software based. What seemed impossible only 20 years ago is currently a part of our everyday lives. Software has taken over taxi services, classifieds, news consumption, movie and tv consumption, book delivery, cars, energy distribution, warfare, and many more.
A new term has emerged in software-based innovation that has transformed our western life style significantly: disruptive innovation. Disruptive innovation refers to situations where established businesses have been hit hard or completely destroyed by a new software driven solution. Common examples include Uber, Craigslist or Netflix.